US-India trade talks steady, says Goyal as New Delhi seeks 'comparative advantage'
Executive Brief • Key Highlights
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- ✓Commerce Minister Piyush Goyal said on Friday that trade talks with the United States are moving steadily.
- ✓He noted that the deal needs to provide India a comparative advantage.
- ✓Goyal also said, "Every H-1B visa not granted is a big win for India," as it helps local startups grow faster.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Firstpost
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Commerce and Industry Minister Piyush Goyal said on Friday that talks with the United States over a trade deal are progressing "steadily" and the two sides are working on the fine print. Goyal noted that the trade deal would be finalised once the US give "comparative advantage" to India as well. The remarks from Goyal came during the ET Startup Awards 2026, which was being held in Bengaluru.
While talking about the India-US ties, Goyal emphasised that tighter access to H-1B visas can benefit India by encouraging skilled professionals to stay back, bringing more tech work to the country and boosting the startup ecosystem. Goyal's latest comment came just days after the US Trade Representative, Jaimeson Greer, said that a deal was not imminent, and FM Nirmala Sitharaman stated that talks had hit a plateau.
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Firstpost
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